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| | | ... 1.5 cents to $1.36 after it announced it would invest $346 million in several iron ore mines. In other local trade, the major banks were higher, with ANZ up two cents at $19.52 and Westpac 13 cents higher at $19.78. National Australia Bank was 35 cents ... |
| | | | Are we there yet? This question seems to be in everyone's mind at the moment. There here means an American recession and perhaps a European one. I must admit that despite checking up on the indicators that the US National Bureau of Economic Research ... |
| | | | ... concern about the reliance of Australia's Big Four banks on raising capital from offshore wholesale debt markets. All four major banks face a possible one-notch ratings downgrade by Standard & Poor's later this year after it implements a new criteria ... |
| | | | ... own firm's SimCorp Dimension platform. Dimension has about $400 billion in funds under management in Australia with seven major institutional clients including Macquarie Bank and Vanguard, he said. When Taxation of Financial Arrangements (TOFA) became ... |
| | | | ... past week, teeth gnashing returns. Blood's again been spilled on the trading dance floors of commodity markets and most major equity markets around the world. The S&P 500 dropped by 4.5% last night, the Euro Stoxx 50 lost 5.3%, the FTSE 100 shed 4.5% ... |
| | | | ... about its outlook. Among the miners, BHP Billiton lost 54 cents to $39.28 and Rio Tinto was 85 cents lower to $73.57. The major banks were down, with Westpac five cents lower at $20.46 two days after posting a two per cent fall in third-quarter cash ... |
| | | | ... create something very special in our industry and to create and improve the competitive dynamics beyond what's available from major banks in wealth management," said Dunn. "That breadth of quality is apparent in our advice capability and our product ... |
| | | | Despite industry talk that advisers were deserting, AMP Financial Planning adviser numbers are stronger than ever, while the majority of AXA advisers have pledged commitment to the brand. The numbers, as part of the half yearly results announced this ... |
| | | | Over the last few years, financial services firms have been grappling to understand the value of social media as a client relationship tool. Many have now committed but, according to recent US research, the majority have fallen for Twitter over rival ... |
| | | | ... months to July 2011, noted The Property Council's latest Office Market Report. Falling vacancy rates have buoyed rents in the major markets, fuelling a recovery in valuations and direct property index returns. In the just gone financial year, while the ... |
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